EFC members praise sound financial management of European Volleyball

The members of the European Financial Commission (EFC) chaired by CEV Vice-President and Treasurer Eric Adler did come together on Tuesday at the home of European Volleyball in Luxembourg for their annual plenary meeting with a focus on the closing of the 2023 accounts and the work achieved this far in preparation of the budget 2025. 

The meeting was a valuable opportunity to delve into the 2023 accounts, with these recently checked by the relevant internal and external auditors. Much work has already been achieved to deliver the budget 2025 as well – which is due to be submitted for approval to the 56 CEV National Federations later this summer when the CEV General Assembly takes place on August 24 in Naples, Italy.  

The CEV Finance Department did also share updates on their daily work and tasks, with efforts continuing to improve processes and to digitalise operations as much as possible to achieve significant gain in terms of transparency, effectiveness, and efficiency.

The EFC members were pleased with the quality work delivered by the CEV staff and especially with the sound financial management of the CEV, which is a highly important asset to secure the continued growth of the game at all levels and to support members of the European Volleyball family and all key stakeholders in their respective endeavours for the good of the sport.